SOFTWARE PROJECT MANAGEMENT
PROJECT SCHEDULING AND TRACKING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A project manager is, using weighted average duration estimates to perform schedule network analysis. Which type of mathematical analysis is being used?
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Critical method
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Beta distribution
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Monte Carlo
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Resource leveling
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Explanation:
Detailed explanation-1: -Therefore, the project network diagram is a way to visually follow the progress of each phase of the project life cycle to its completion. Project managers use a network diagram to track the project schedule network, allowing them to see the progress of each activity.
Detailed explanation-2: -Some factors included in this measurement of classification include complexity of scope, risk, size, time frame, institutional experience, access to resources, maturity, and industry and application area. This information is all gathered through the Initiation Phase of the Project Lifecycle.
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